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Q1: 2026-04-23 Earnings Summary
EPS of $0.70 beats by $0.03
|
Revenue of
$310.47M
(38.02% Y/Y)
beats by $693.00K
Glacier Bancorp, Inc. (GBCI) Q1 2026 Earnings Call April 24, 2026 11:00 AM EDT
Company Participants
Randall Chesler - President, CEO & Director
Byron Pollan - Senior VP & Treasurer
Tom Dolan - Senior VP & Chief Credit Officer
Ron Copher - Executive VP, CFO & Secretary
Conference Call Participants
Jeff Rulis - D.A. Davidson & Co., Research Division
Matthew Clark - Piper Sandler & Co., Research Division
David Feaster - Raymond James & Associates, Inc., Research Division
Andrew Terrell - Stephens Inc., Research Division
Kelly Motta - Keefe, Bruyette, & Woods, Inc., Research Division
Presentation
Operator
Thank you for standing by. Welcome to the Glacier Bancorp First Quarter 2026 Earnings Conference Call. [Operator Instructions] As a reminder, today's program is being recorded. And now I'd like to introduce your host for today's program, Randy Chesler, President and CEO. Please go ahead, sir.
Randall Chesler
President, CEO & Director
Good morning, and thank you for joining us today. With me here in Kalispell is Ron Copher, our Chief Financial Officer; Tom Dolan, our Chief Credit Administrator; Angela Dose, our Chief Accounting Officer; and Byron Pollan, our Treasurer. I'd like to point out that the discussion today is subject to the same forward-looking considerations outlined starting on Page 9 of our press release, and we encourage you to review this section.
Last night, we issued our earnings release for the first quarter of 2026, and we believe it represents a great start to the year with another quarter of strong results. Net income was $82.1 million, an increase of $18.4 million or 29% from the prior quarter and an increase of $27.6 million or 51% from the prior year first quarter. Diluted earnings per share was $0.63 per share, an increase of $0.14 per share or 29% from the prior quarter and an increase of $0.15 per share or 31% from the prior year first quarter.
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